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S&P 500 Index

Oversold rally could take the /ES To Big Resistance

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With the MACD oversold on a daily chart, sharp short squeezes are likely. This one could take the /ES all the way to 4720. But long term, I am still really bearish, especially if the bond market can't rally.
chrisbrecher
ChrisBrecher
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Chart Patternstrade-levelstradingTrend Analysis

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Chart Patternstrade-levelstradingTrend Analysis
chrisbrecher
ChrisBrecher
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.